functions
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Working areas of the Finance department Write a short note on the main working areas of the Finance department?
Write a short note on the main working areas of the Finance department?
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
Meaning of Reconstitution: Any alter in agreement of partnership is termed as reconstitution of partnership firm. In following circumstances a partnership firm might be reconstituted: A) Alter in Profit Sharing Rat
A form of long-term debt that appears in the liabilities section of the balance sheet. A company sells bond as a way to borrow large amount of cash. The buyer pays for the bond and receives regular interest payment, annually or semiannually, for the duration of
How to make a VAT entry in books including set off?
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